National Journal Magazine - The Next Crisis Is On The Way

National Journal Magazine - The Next Crisis Is On The Way: "Last week, the bond market hesitated when it was asked to absorb a new tranche of government debt. Fears about long-term fiscal viability may already be coming to the fore, and the recovery has not even started yet. Sooner rather than later, the White House will have to start talking about serious spending cuts, serious tax increases, or both"